There’s no way to talk about the Santa Monica real estate market right now without acknowledging the tragedy that has reshaped it. Over 5,000 homes were lost in the wildfires, leaving countless families displaced and searching for stability. The competition for the homes that remain standing is unlike anything we’ve ever seen.
This urgency has driven demand to unprecedented levels. Homes are selling for millions over asking. Leases? Nearly double market rates. Some properties never even make it to the MLS, getting snapped up in private deals before they officially hit the market. It’s not just a strong market—it’s an emotional, high-stakes reality for those who suddenly find themselves in need of a home.
For buyers, waiting isn’t an option—those who were once on the fence now find themselves in bidding wars with people who have no choice but to act fast. Cash buyers, displaced families, and high-net-worth individuals are all competing, pushing prices higher than ever.
For sellers, this is an extraordinary moment—one that comes with both opportunity and responsibility. If you’ve been considering a move, this may be the time—not just to take advantage of surging demand, but to provide a home to someone who truly needs it. The rental market is also seeing historic premiums, making this a unique window for property owners.
At the end of the day, this isn’t just about rising prices—it’s about a city in transition, reshaping itself in real time. Some are rebuilding. Some are relocating. Some are making moves they never expected to make.
If you’re wondering what all this means for your next step, I’m here to help—whether that’s understanding your options, navigating the changing landscape, or simply having a conversation about what’s best for you.
